NZD/USD – 1H – SELLThe combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 0.58865 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 0.59244 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.59244 |
| Current Price | 0.59044 |
| Next Low | 0.58865 |
| 2nd Low | 0.58147 |
| 3rd Low | 0.57919 |
0.59244 – 0.59101 – 0.58915 – 0.58865 – 0.58147 – 0.58654 —
0.59244 – 0.59107 —
69.805691440815 – 57.994669635613 —
0.59244 – 1777654800 —
– 1777654800
Trading Signals: FOREX – NZD – NZD/USD – USD – – – – – – – – – –